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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Vladdirescu87 on March 23, 2019, 11:00:32 AM



Title: DAI, USDT, PAX... Where are All the Stablecoin Casinos?
Post by: Vladdirescu87 on March 23, 2019, 11:00:32 AM
Stablecoins have so far gained very little traction with online casinos despite their potential utility. In their current state, stablecoins have mostly been adopted by cryptocurrency investors who are looking to move in and out of volatile cryptoassets without having to interact with the traditional banking system. Yet the opportunity to gamble with a stablecoin remains elusive.

Previously, stablecoins had been exclusively governed by regulated central authorities, making it difficult for casinos to offer them to their players. However, with the rise of decentralized stablecoins like DAI over the last 12 months, the opportunity for a casino to offer stablecoin gambling has become huge.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/where-stablecoin-casinos/

https://coinidol.com/upload/resize_cache/iblock/208/900_900_1/208e70757e7147315fbe511af4e81bd8.png


Title: Re: DAI, USDT, PAX... Where are All the Stablecoin Casinos?
Post by: bitmover on March 23, 2019, 11:52:14 AM
Great idea.
I believe you should really move it to glambing doscussion board.

Stable coins are really interesting to gamble. They are like a USD, where you need no kyc, no taxes, etc. Great for privacy and low bureaucracy


Title: Re: DAI, USDT, PAX... Where are All the Stablecoin Casinos?
Post by: neonshium on March 25, 2019, 06:10:27 AM
I am not a fan of stablecoins but I can see you are actually making a good point, stablecoins will enable us make use of the some fiat related platforms without the need of carrying out any KYC since they are still cryptocoins, though the main reason I am not a fan of stablecoins is not because the idea behind them is not cool, but most of them lied to us that their coin is being backed by fiat but we never have access to the reserve were the money is kept.


Title: Re: DAI, USDT, PAX... Where are All the Stablecoin Casinos?
Post by: Crypto Girl on March 25, 2019, 07:37:25 AM
We honestly barely to see gambling sites that uses stable coins so this is actually refreshing to see though it really needs to be backed by real one. OP should add more info.

If this site is accepting bitcoin as payment then I believe it should be move on gambling sites but if it doesn't, it should be move in altcoin service section.


Title: Re: DAI, USDT, PAX... Where are All the Stablecoin Casinos?
Post by: clonely on March 25, 2019, 07:39:26 AM
Great idea.
I believe you should really move it to glambing doscussion board.

Stable coins are really interesting to gamble. They are like a USD, where you need no kyc, no taxes, etc. Great for privacy and low bureaucracy

In some countries serious restrictions and restrictions are applied. I think this way can be overcome in this way. However, it can still lead to the victimization of people due to lack of supervision.


Title: Re: DAI, USDT, PAX... Where are All the Stablecoin Casinos?
Post by: mrdeposit on March 25, 2019, 12:14:44 PM
In my opinion, it does not cause great interest. Stable ones are only useful to keep the currencies that have a volatile price more stable. But, I do not know for sure, maybe creating a better casino can be of interest.